Category: Finance

A certain portion of the population who is much more exposed to dangers or harm, in comparison to the larger population.

Investment made by a company, primarily for financial gain. It does not establish lasting interest, nor does it give effective management control. Secondly, it can also mean to any type of investment

Positive economy is when economics is studies with the ‘what is’ and ‘what will happen’ approach, in case a certain course of action is undertaken or not.

When a firm is valued after a sale and when new shares are issued, it is called post money valuation. Generally taken by multiplying the total amount of outstanding shares with the

A nurse who is licensed to help her patients in performing usual tasks of the day such as eating, bathing, etc. A practical nurse cannot administer medication.

An authorization that must be taken from the insurer before treatment can be gven. The physicican of the insured party has to give in an estimate of the costs, as well as

Loans that are provided to exporting companies, after the lenders carefully check and ensure that orders have been placed for the goods, hence ensuring that they will get returns for their loans.

A requirement that states that any person who wishes to apply for an insurance license must complete an educational degree or course.

A receipt given out to a policy holder, by the insurer or an agent on behalf of the insurer, which provides confirmation that payment has been received.

A package deal is a deal that provides a range of benefits, services, or concessions, all of which need to be accepted or rejected in one go.

A paid business is like an insurance policy which has been submitted by the prospective candidate. The application has been completed and submitted, the premium is paid and the medical exam has

A pandemic can be a disease, or a medical condition that has spread over a significantly large area. An example can be HIV.

An intellectual ideology, or view, which is accepted by a group of people, or a certain individual. It acts as a pristine example of how things, models and theories are supposed to

The usage of the Pareto principle in order to prioritize, or rank a number of different items which vary in terms of their significance. The objective of the Pareto analysis is to

An analysis which treats a certain sector of the economy as though it is operating in complete isolation from the other sectors within the economy.

In terms of computer security, a passive attack is one in which an attempt is made to access unauthorized information, that is located upon a system, for electronic spying.

Practices that have been established due to common use, making them accepted publicly. Secondly, it is a method of resolving disputes between people, where history is checked to find a simlar dispute

A recurring characteristic that helps in the identification of any problem. It might also act as an indicator of how that problem might behave in the future.

A sum of money that is owed by a lender, creditor, government, or employee. Shown as a liability in the balance sheet of the firm.

The time it takes after writing the check for the balance to be actually deducted from the bank. Results in a decrease.